Amazon is wildly profitable but it’s still taking huge losses overseas

Amazon is wildly profitable but it’s still taking huge losses overseas

Amazon reported first quarter earnings results today with eye-popping sales of $51 billion, up by nearly 43 percent year over year, and a net profit of $1.6 billion. That means it's another strong quarter for CEO Jeff Bezos, whose e-commerce juggernaut continues to defy expectations and earn money … social experiment by Livio Acerbo #greengroundit